A loan of $900 helped to purchase tires for his two taxis.

Jhonny's story

Jhonny is married and lives in a house where rents a small brick room with a cement floor. The house is located in the District of San Martín in the city of La Paz.

Jhonny only has a high school education, so he currently works as a taxi driver, even though he runs the risk of being robbed or assaulted on the job. He works long hours until very late at night. For this reason, he needs a loan to purchase tires for his two taxis since they provide the only source of income to help support his family. Jhonny dreams of acquiring a house of his own or one through an "anticrético" agreement (a contract to rent property whereby the renter pays the landlord a fixed sum at the start of the rental period in lieu of paying monthly rent; at the end of the rental period, the tenant receives the sum back, in full, from the landlord, thus resulting in rent-free living). This will provide greater comfort and security for his family, thus improving their quality of life.

With his previous loan, Jhonny was able to replace the transmission on one of his taxis and continue generating income for his services.

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Translated from Spanish by Kiva volunteer Ronan Reodica

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